Eclipse Resources to raise $440 mln in private placement

Oil and gas company Eclipse Resources has agreed to sell 62.5 million shares of its common stock in a $440 million private placement. The backers include EnCap Investments. The transaction is expected to be completed on or around January 28, 2015. KeyBanc Capital Markets advised Eclipse Resources and also served as placement agent.

DealsNorth AmericaUSBriefs